TrueUSD (TUSD) is a platform for marking currency calls and real assets. Dollars that provide legal protection to token holders and use one TrueUSD token for every dollar. TrueUSD provides a reliable transaction tool that enables consumers and businesses to use currency exchange as a medium. Trueusd (TUSD) is a kind of "stable currency" similar to the current USDT. TrustToken, a startup backed by Stanford Venture Fund, launched Trueusd, a cryptocurrency that combines transparency and mystery. It is the first stable dollar currency with high trust in the market. By working with banks and trusts, the company guarantees that their tokens will maintain the stability of the currency. Unlike Tether, which controversially insists on bank account audits, TrueUSD offers regular audits, provides strong legal protections for holders, maintains compliance by adding KYC (customer background checks) and Anti-money Laundering reviews (AML), and even reduces risk by reviewing a user's individual transactions, But such reviews and audits can also add additional costs while ensuring transparency.

Before the birth of TUSD, people have frequently traded through stable currency USDT, but USDT was still exposed due to its opaque mechanism. For example, USDT bought a large number of BTC with additional issuance, helping to increase the whole market. When the market was rising, coin users needed to buy USDT at a high premium to enter the market. And was forced to reduce USDT offer wreck a cash out, causing USDT ups and downs, once reached 20%, USDT a sense has not a stable monetary category, because its fluctuation is very big, cycle is very long, and redeemed dominance make COINS ring, but also deeply buried under a lot of hidden trouble, as the existence of a ticking time bomb, Transactions between virtual currencies need to be backed by another, more stable and transparent type of currency. Therefore, TUSD was born under this vision. The birth of TUSD is based on solving this hidden danger.

With the booming development of the entire crypto industry, the market value of the crypto market continues to rise, and the demand for stablesoin is increasing. The emergence of TUSD just solves the hidden dangers of USDT, and the market demand is very strong

TUSD was issued in March 2018 by TrustToken under the ERC20 agreement [4] and currently has an issue of approximately $200 million. Usage [5][6][7](KYC required) : Obtain TUSD: transfer to bank and provide your Ethereum address. Once the bank confirms receipt of the transfer (which takes about 1 to 5 business days), it invokes TrustToken's API to activate the smart contract, issue the equivalent TUSD, and transfer it to your Ethereum account. Cash: Transfer TUSD to the designated cash address, and the bank will transfer the equivalent legal yuan to your bank account (within 1 working day) for a handling fee of 30~100 US dollars.

Crypto traders and Exchanges: Crypto traders want a trusted stablecoin to hedge against volatility and access the crypto market without immediately exposing BTC/ETH. Mainstream commerce: Without the volatility of Bitcoin, people and businesses can enjoy the benefits of digital currencies (faster transaction speeds than ACH, global reach). People can now use cryptocurrencies to pay salaries, take out loans or buy coffee, enabling a new economy of cryptocurrency financial applications. Developing economies: Some developing markets are increasingly relying on cryptocurrencies for trade. Financial institutions: Financial companies that want to get into crypto, but have reasonable reservations about putting $100 million into the new algorithmic stablesoin versus a $100 million "legally enforceable certificate of dollar ownership."

1. Usd stable currency: linked to USD 1:1. 2. Each stablecoin is 100 percent guaranteed. 3. Use us dollars as collateral. 4. Its current market value is about $160 million. 5. Stablecoin ranked 4th. 6. Supervised and audited by third-party accountant Armanino.

1. The assets are kept by a third party and audited regularly with higher transparency. 2. The legal framework designed by TUSD allows institutions and users to operate DOLLARS directly with escrow accounts without going through the TUSD project team, avoiding unnecessary human intervention by the team. 3. TrueUSD can be redeemed into US dollars by institutions or individuals with certified accounts after they have redeemed TrueUSD through standard KYC/AML checks.

The biggest competitor, USDT, is still the most traded stablecoin on the market, along with other stablecoins

TUSD is one of the stablecoins, a stable digital currency anchored to the U.S. dollar for every dollar. First of all, AS long as any user has passed KYC/AML verification, TUSD can be withdrawn from the account, which brings convenience to the legal coin deposit. The reserve of this TUSD is kept by several banks, so that the usd stored by users can be kept in a safe, stable and legal manner. With the support of the SECURITIES and Exchange Commission and relevant departments, it is certainly no problem to occupy a share of USDT. Finally, TUSD will invite a third party to review it from time to time, so as to avoid users' actual landing and use of relevant funds, which also brings TUSD a certain degree of credibility. Is worth paying attention to

1. Both are issued by centralized institutions, and both claim to have a corresponding amount of USD in the bank as the basis of issuance. Centralized institutions inevitably have the risk of fraud and bankruptcy. 2. After Binance officially announced the listing of TUSD, the price of TUSD rose by 39%, which violated the "stable" feature defined by binance to some extent. 3. Reviews and audits can add additional costs while ensuring transparency.

For steady currency ranked third among the dollar, market value of about $160 million, TUSD is the stable currency pegged to the dollar, is by the TrustToken pass card products, and to the assets TUSD trust account is by the third party accounting firm audit on a regular basis, and will regularly publish the number of dollars account, the degree of financial transparency is very high, Users can clearly know whether there is a sufficient amount of corresponding US dollars behind TUSD as the reserve, because verified by the audit institution, the user's TUSD is legally guaranteed, and the user's funds are remitted to the trust account of the bank. In addition, TrustToken recently entered into a partnership with Armanino, one of the top 25 independent accounting firms in the United States, to regularly publish real-time information of the collateral assets of the account. The real-time information will also be released once every few months, and the data will be updated every few minutes at an accelerated pace. The whole thing is more transparent. It is a very valuable variety.